1248 S Florida, Banning, California 92220, Banning, 92220 - 3 bed, 1 bath
1248 S Florida
Banning, California 92220
Property Price
SUMMARY
Analysis of 1248 S Florida, Banning, California 92220 reveals a property with a current list price of $440,000, which is 6% above the estimated $414,054 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Banning Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1960, the property is in move-in ready condition and shows clear 'pride of ownership.' The interior features modern wood-look laminate flooring, updated neutral paint, and a refreshed kitchen with granite countertops and stainless steel appliances. The exterior and landscaping are well-maintained, suggesting the home has been extensively updated within the last 5 to 15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Mountain Views
The property features beautiful views of the surrounding hills and mountains, providing a picturesque and serene backdrop that enhances its overall appeal.
- Exceptional Maintenance
Highlighted as 'Pride of Ownership,' the home appears to be meticulously cared for, suggesting a move-in-ready condition with lower immediate repair needs.
- Tranquil Neighborhood
Located in a peaceful residential area, the property offers a quiet and stable living environment, ideal for those seeking a retreat from city noise.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the home's layout may present logistical challenges for larger households or guests.
- Compact Living Space
At 1,032 square feet, the interior living area is relatively modest, which may limit furniture arrangements and storage options for some buyers.
About 1248 S Florida
Pride of Ownership! Beautiful!! Peaceful Neighborhood!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 1,032 | 1,683 | 9% |
| Lot Size | 6,970 | 6,098 | 62% |
| Price | $440.0K | $450.0K | 47% |
| Price per sq ft | $426 | $261 | 97% |
| Built year | 1960 | 1997 | 13% |
| HOA | $0 | $202 | 31% |
| Days on market | 8 | 199 | 0% |
Pricing History
Listed for Sale
Feb 27, 2026
$440,000
Initial Listing
Sold
Jul 14, 1994
$82,000
Public Record